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Thanks!Recently I've picked up several used Aimpoint Micro T1's for $500, including solid mounts. I've seen H1's used for not much more than $400.
For up to 500 yards, you would want to do something other than a red dot. You may want to look into a low powered variable optic like a 1-4, 1-6 or a 1-8. At the $500 price point, best optic would be a vortex Strike Eagle. Works like a red dot at 1x, then gives you the ability to accurately hit out further with ease.
He said less than 300 yards. OP find you a good used aim point comp 2, aim point pro or a used T1 for your budget. you will have no problem going out to 300 yards with it. I run a Comp2 on mine